Texas utility files for bankruptcy after $2.1 bn power bill
Houston (AFP) March 2, 2021
The largest electricity co-operative in Texas has filed for bankruptcy protection after it received a $2.1 billion bill from the state's grid operator following last month's winter storm that left millions without power. Bitterly cold weather in mid-February left millions without electricity across Texas as the Arctic conditions overwhelmed local utility companies ill-prepared for such weath